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GCMAsia - USDCHF
USDCHF
USDCHF
2018-04-10
Resistance and Support Level Explanation
Resistance 0.9570 H4
Support 0.9530 H4

USDCHF, H4: USDCHF was traded lower following prior breakout from the upward trendline and 60-MA line (green). MACD histogram and both MA line which illustrate substantial bearish bias suggests the pair to extend its losses towards the direction of support level at 0.9530.

 

Resistance level: 0.9570, 0.9620

Support level: 0.9530, 0.9490